Tag: High-Income Consumers
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AI, Immigration, and High-Income Consumers: Key Factors to Save the US Economy from Recession
As concerns about a potential recession loom over the global economy, a notable Wall Street strategist offers a fresh perspective on why the United States might sidestep this economic downturn. According to Michael Arone, Chief Investment Strategist at State Street Global Advisors, the combined forces of artificial intelligence (AI), immigration, and high-income consumers will play…